BaFin announced that it is planning to "prohibit the marketing, distribution and sale of binary options to retail clients at a national level".

Indonesia

According to the Commodity Futures Trading Regulatory Agency (CoFTRA) in Indonesia, also known as BAPPEBTI, binary options are considered a form of online gambling and is illegal in the country. The move to delegalize binary options stems from concerns that the public may be swayed by misleading advertisements,

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